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Nov 12, 2012
11/12
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stay with us on that. i'll talk with a target employee who says he's starting a petition asking the retail giant and its competitors to put profits aside and save thanksgiving for its thousands of employees. >>> later -- >> the biggest move for us next is we're only doing square in the u.s. right now, so it's bringing this around the world. >> 35-year-old billionaire jack dorsey, founded twitter and now bill plans for his mobile payment startup square. don't miss my exclusive interview coming up. it was the warning for the first quarter that was the problem here. the revenues were a little light. and the eps coming in three cents short on guidance. that's what's taking the stock lower. >> target and toys "r" us, latest retailers to kick off black friday sales on thanksgiving. courtney reagan with the christmas creep. >> 42 days left until christmas. 11 days for black friday but for some retailers makes black friday 10 days away, on thanks. more than 100 gap, banana and old republic location will be open, l
stay with us on that. i'll talk with a target employee who says he's starting a petition asking the retail giant and its competitors to put profits aside and save thanksgiving for its thousands of employees. >>> later -- >> the biggest move for us next is we're only doing square in the u.s. right now, so it's bringing this around the world. >> 35-year-old billionaire jack dorsey, founded twitter and now bill plans for his mobile payment startup square. don't miss my...
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Nov 2, 2012
11/12
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thank you for joining us. >> thanks, maria. >> can you walk us through the quarter where price hike is the name of the game? was that the bottom line? >> there were three things positive in the quarter for us. first, it was the sefventh quarter in a row we saw a revenue increase. revenue has been challenging for everybody, but i think getting seven quarters in a row now, we feel good about that. the second thing is our gross margins for the first time in 2 1/2 years rose by 110 basis points. that's the first margin expansion we've seen in over two years. that was a real big driver behind the earnings going up. the third thing is our cost savings continue to be very strong. about 170 basis points of cost savings. those three factors drove performance in the quarter. >> what are you seeing in market demand globally? sales increased in the u.s. and abroad. are you seeing a stronger global story today? >> we are. about 2/3 of our business is in latin america. most of the latin american countries in the mid-single digits. we see better category growth in general. category growth in the u.s.
thank you for joining us. >> thanks, maria. >> can you walk us through the quarter where price hike is the name of the game? was that the bottom line? >> there were three things positive in the quarter for us. first, it was the sefventh quarter in a row we saw a revenue increase. revenue has been challenging for everybody, but i think getting seven quarters in a row now, we feel good about that. the second thing is our gross margins for the first time in 2 1/2 years rose by...
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Nov 21, 2012
11/12
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easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> welcome back. ready, set, shop. consumers are set to kick off the holiday shopping condition tomorrow night. steve liesman is looking at just how much they're planning to spend. steve, over to you. >> thanks, maria. if you want to know if consumers are going to spend this christmas, you have to know if they have the means and if they're in the mood to spend. let's take in some key consumer metrics heading into the holiday season. first, we're going to look at home prices. in 2011 at this time before christmas, home prices were falling by 6%. now they're rising by almost 11%. let's take a look now at wages. they were up 3.5% in the year before last christmas. now they're up a little bit more. inflation, of course, takes off some of that. in fact, they are still negative, but less negative than a year ago. how about another key metric, which is consumer sentiment this is 20 points higher. we're going to have
easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> welcome back. ready, set, shop. consumers are set to kick off the holiday shopping condition tomorrow night. steve liesman is looking at just how much they're planning to spend. steve, over to you. >> thanks, maria. if you want to know if consumers are going to spend this christmas, you have to know if they have the means and if they're in the mood to spend. let's take in some key consumer...
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Nov 23, 2012
11/12
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they use that budget. but you don't want to be the one that is not open so we think it is a good thing to be open early, particularly if your competitor is closed. >> another thing i'm hearing, laura, is that people are essentially putting the same deals that you would get in a brick and mortar store out on the same day online. right? on their websites as well. are they cannibalizing each other then? >> they're absolutely cannibalizing each other. but i think that the goal is to capture sales what no matter what channel you get it from. our favorite idea this holiday season is williams-sonoma because they're truly multi-channel. they do most of their profits online. i think it is important as you look for stocks for the holidays to focus on companies that are very strong online. >> all right. ladies, thank you all for your insights. we'll let you get back to your channel checks -- >> wait. i thought stacy had a black friday souvenir for me? >> i do. >> i didn't hear about this. >> i picked up something spe
they use that budget. but you don't want to be the one that is not open so we think it is a good thing to be open early, particularly if your competitor is closed. >> another thing i'm hearing, laura, is that people are essentially putting the same deals that you would get in a brick and mortar store out on the same day online. right? on their websites as well. are they cannibalizing each other then? >> they're absolutely cannibalizing each other. but i think that the goal is to...
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Nov 13, 2012
11/12
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because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ to a currency market for everyone. the potential of fxcm unlocked. nyse euronext. unlocking the world's potential. the potential of yelp unlocked. nyse euronext. unlocking the world's potential. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. >>> welcome back. president obama will meet with business leaders tomorrow at the white house, but not one wall street bank ceo is on the invitationlation. kayla is here with more reaction. over to you. >> well, you remember jpmorgan ceo jamie dimon telling you days ago on this program that if you remove the fiscal cliff overhang, the economy will boom. similarly, executive
because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ to a currency market for everyone. the potential of fxcm unlocked. nyse euronext. unlocking the world's potential. the potential of yelp unlocked. nyse euronext. unlocking the world's potential. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico...
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Nov 9, 2012
11/12
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stay with us. one mobile. with features like scanning a barcode to get detailed stock quotes to voice recognition. e-trade leads the way in wherever, whenever investing. download the ultimate in mobile investing apps, free, at e-trade. >>> welcome back to our special coverage from the jpmorgan technology ceo conference. once again, our special guest jpmorgan chairman and ceo jamie dimon. jamie, you have raised the reasonable loss above existing accruals about $700 million to $6 billion. i guess at the end of the day, litigation is the new normal in your business, certainly for the large banks. can you characterize for us what you would expect? how steep, given the election, the perceived political undertones, how significant will ongoing litigation be, and how should investors think about this? >> we have booked more than $10 million in litigation reserves. that number is just an estimate of how much more is under the range of possibility. i wouldn't give it too much credence. it's a rough estimate. i think li
stay with us. one mobile. with features like scanning a barcode to get detailed stock quotes to voice recognition. e-trade leads the way in wherever, whenever investing. download the ultimate in mobile investing apps, free, at e-trade. >>> welcome back to our special coverage from the jpmorgan technology ceo conference. once again, our special guest jpmorgan chairman and ceo jamie dimon. jamie, you have raised the reasonable loss above existing accruals about $700 million to $6...
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Nov 6, 2012
11/12
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stay with us. this is awesome!o, haha! folks who save hundreds of dollars switching to geico sure are happy. i'd say happier than a slinky on an escalator. get happy. get geico. melons!!! oh yeah!! well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- "i'm done. i'm out of here." you know, it's like it just hits you fast. you know, you start thinking about what's really important here. ♪ ♪ >>> welcome back. this is a live picture of voters in virginia. the key swing state has 13 electoral votes up for grabs. now take a look at new jersey voters. this is a live picture in cherry hill. they weren't hit as hard by sandy as coastal and northern new jersey residents. the state has extended the deadline for displaced voters to return their ballots to 8:00 p.m. on fr
stay with us. this is awesome!o, haha! folks who save hundreds of dollars switching to geico sure are happy. i'd say happier than a slinky on an escalator. get happy. get geico. melons!!! oh yeah!! well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it --...
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Nov 28, 2012
11/12
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they tell us they get a social security check. they use medicare. and you can't even tell me that those people shouldn't have access to those benefits. we can't even cut off millionaires. but you're going to raise taxes. >> here's what we said when we created social security. that we wanted a minimum in this country and guaranteed social insurance program that has been turned into a notion that somehow it's some entitlement as opposed to a guarantee of the basic common good in this country. so, no, i am not willing to connect the question of medicare, medicaid, and social security to a conversation that this nation has been delaying for too long, which is how are we all in this together? how does everybody pay their fair share? and how do we restore economic recovery by getting people back to work in jobs they can feed their families on? >> ms. henry, thank you so much for joining us. >> thank you. >> she's not rising above. i think that was a good observation on your part. >> is anybody? >> no. will your 4011 k go over the fiscal cliff? a trade gro
they tell us they get a social security check. they use medicare. and you can't even tell me that those people shouldn't have access to those benefits. we can't even cut off millionaires. but you're going to raise taxes. >> here's what we said when we created social security. that we wanted a minimum in this country and guaranteed social insurance program that has been turned into a notion that somehow it's some entitlement as opposed to a guarantee of the basic common good in this...
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Nov 5, 2012
11/12
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i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. >>> enormous gasoline lines in the new york area a common sight a week after saentd struck the region. with so many gasoline storage facilities offline, it's unclear how long this gas crisis could go on. kate kelly has the latest on the refueling efforts. kate? >> maria, activity is picking up at the new star truck rack behind me. 15 to 20 tankers have come for resupply today, waiting for fuel bays because all of them are new. new star like many competitors in the new jersey gas network have had a long last week. they're fig
i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully...
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Nov 1, 2012
11/12
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stay with us. >>> coming up, markets on the move. good economic numbers, but will it carry over if the october jobs report brings bad news? we break it all down straight ahead. >>> plus, brewing profits. maria talks exclusively with starbucks ceo howard schultz about earnings and the effect sandy may have had on his company's supply chain. >>> and insuring stability. aig chief robert benmosche joins maria with his thoughts on earnings, sandy's aftermath, and the treasury department's reported plans to liquidate its remaining shares of his company. >>> plus, what happens when mad max comes true? it's gasmageddon. long lines, dwindling fuel supplies, and tempers getting worse. >> there was literally a fight. >> you saw a fight? >> is there any relief in sight? that's all ahead on the "closing bell." >>> welcome back. the market off to a strong start for the month of november thanks to a host of rosy economic data out today. with the jobs number due out tomorrow and the election coming up on tuesday,
stay with us. >>> coming up, markets on the move. good economic numbers, but will it carry over if the october jobs report brings bad news? we break it all down straight ahead. >>> plus, brewing profits. maria talks exclusively with starbucks ceo howard schultz about earnings and the effect sandy may have had on his company's supply chain. >>> and insuring stability. aig chief robert benmosche joins maria with his thoughts on earnings, sandy's aftermath, and the...